Statute
Section 1230D — Corporations Act 2001: Redemptions to which this Subdivision applies
Text of the provision Official document
(1) This Subdivision applies to both of the following: (a) a redemption by a CCIV of a redeemable share; (b) a redemption by a CCIV of a redeemable preference share. Note: A CCIV may reduce its share capital if the reduction results from a redemption permitted by this Subdivision: see section 1231D. (2) Part 2H.2 does not apply to the redemption of redeemable preference shares in a CCIV.
Official source: Federal Register of Legislation
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